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FansUnite Entertainment Inc.

09:29 AM EST - FansUnite Entertainment Inc. : Announced a ?definitive asset purchase agreement dated May 8, pursuant to which ?the Company has sold the source code related to the Company's Chameleon Gaming Platform to Betr Holdings Inc. and pursuant to which FansUnite retains the use of the Platform and source code to further develop and maintain the Platform, and the ability to sell such use to another buyer in the future. Future code sales by FansUnite would not include any future enhancements made by Betr post close. The Transaction will allow the Company to further focus on growing its most profitable business units. FansUnite Entertainment Inc. shares T.FANS are trading unchanged at $0.07.